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Japan's SBI Holdings is making a significant move into crypto, agreeing to acquire Bitbank, one of the country's leading digital asset exchanges, for two hundred eighty nine million dollars. The deal is expected to close in October, signaling that traditional financial institutions in Asia continue to see long-term value in regulated crypto infrastructure.
On a similar note, real estate mogul Grant Cardone is doubling down on bitcoin, announcing he plans to keep buying the cryptocurrency using cash flows generated from his property portfolio. He's framing the recent dip in bitcoin's price not as a warning sign, but as an opportunity to accumulate, pitching the model as a kind of real estate-backed treasury strategy.
Shifting gears to the tools we use every day, Google has quietly pushed forward its AI-powered video creation product called Google Vids, now available through Google Workspace. The tool lets users generate and edit video content with AI assistance, putting Google more directly in competition with a growing field of AI creative platforms targeting business users.
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